JKN Global Media PCL. OPPORTUNITY DAY 4 4 MARCH 2019
Disclaimer The information (“Confidential Information”) contained in this presentation is strictly confidential and is provided by JKN G lob al Media Public Company Limited (the “Company”) to you solely for your reference. This presentation is confidential and its content may not be copied, reproduced, redistributed, quoted, referred to or otherwise disclosed, in whole or in part, directly or indirectly, to any third party without the prior written consent of the Company. Although care has been taken to ensure that the Confidential Information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the Confidential Information is subject to change without notice, its accuracy is not guaranteed, has not been independently verified and it may not contain all material information concerning the Company. None of the Company respective directors makes any representation or warranty (express or implied) regarding, and assumes any responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information or opinions contained herein. None of the Company or any of their respective members, directors, officers, employees or affiliates nor any other person accepts any liability (in negligence, or otherwise) whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith. This presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for any securities in Thailand or any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. This presentation contains projections and forward-looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the Company and its directors. You are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of the management of the Company on future events. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. The Company does not assume any responsibility to amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and actual results may differ from those forecast and projected or in the forward-looking statements as a result of various factors and assumptions.
Agenda Company Overview Financial Highlights Business Outlook Q&A
COMPANY OVERVIEW 4
A worldwide distributor of BEC International sales -Indian series Listed in The Market for Alternative Investment (mai) Company License of CNBC channel from National Broadcasting Company Universal (NBC) Background Digital TV was launched for public in Thailand JKN Dramax channel operated. Company Established with paid-up capital 1 mil Baht
Company Structure 99.99% 99.99% 99.99% 99.99% The TV Station broadcasting We have been Doing We have been Doing We have been Doing through CabSat and IPTV research to develop our research to develop TV research to develop our system under channel called news channel “CNBC business as Integrated business as the entire “JKN Dramax ” . Thailand”. Marketing Communication financial and investment Distributor. training institution.
Program rights Content Platforms Content management Digital TV Cable & Satellite TV Home Entertainment Di Distrib ibution Imp mpor ort Loc Localiz izatio ion Over The Top (OTT) Our content is now cover all kind Our company is expert in All our content is instant content communicating with world-class of platform Such as digital TV , which already translated and Merchandise contents manufacturer such as, narrated into Thai before deliver Cable TV satellite Factual Entertainment, Fiction to our clients. Home Entertainment and Internet Entertainment, Asian Fiction, Animation and News. TV. Publishing The Company has divided all contents for distribution by providing. Supplying and managing contents from around the world. Ancillary
Sole Distributor Exclusive Rights The company imports worldwide contents from world-class companies which most of content licenses is under the Output Deal Term. "The Output Deal Term" is the agreement that licensee receives the first option to purchase and distribute the content. The company's famous contents are under the Output Deal Term such as Hanumann and NaKhin. 13
Excusive rights
Program rights 8 Categories
18
FINANCIAL HIGHLIGHTS 20
Assessment Assessment Logo Description Topics Very Good “ ดีมาก ” CGR 2018 Score Full Assessment Topics Achieved by Logo Description Score the Company Excellent “ ดีเยี่ยม ” AGM Checklist 2018 100 100
Financial Highlight Revenue ( THBm ) Revenue by segment FY 2017 4% FY 2018 Growth 23% 5% 1423 1156 93% 92% 846 Media Product Other Program right Revenue 457 Total revenue of the company and its subsidiaries increased 304 from the increasing of revenue from program rights. The company continues its acquisition of new content rights in order to support the growth of the business. 2014 2015 2016 2017 2018 22
Adaptability Adaptability 1950 - 2010 2011 - 2017 2018 Analog TV Cabsat TV Content platforms Analog TV Cabsat TV DTT Cabsat TV DTT DVD Cassette Tap DVD Blu-ray CD Blu-ray USB USB Online Online Streaming Streaming Revenue by platforms (THBm) 400 351.3 500 433 371 268.7 400 265.5 300 233.8 300 178.5 200 178 179 133.3 128 119.7 200 104.7 121 84.1 100 57.9 48 39.2 100 32.6 11 8 5 4.5 0 0 - 2018 2015 2016 2017 Cabsat Home DTT VOD DTT/Cabsat Home/VOD Cabsat/Home DTT/VOD Cabsat/VOD 23
Revenue by platforms Adaptability Revenue by platforms (THBm) 500 450 400 351 350 269 266 300 234 250 179 200 133 128 120 150 105 84 100 58 48 45 39 33 33 26 50 8 5 5 - 2 - - - - - - - - - Cabsat Cabsat/VOD Cabsat/Home DTT DTT/Cabsat DTT/VOD DTT, Cabsat, Home VOD Home/VOD VOD 2015 2016 2017 2018 Unit: Million Baht 2018 2017 YoY Change % Change Cabsat 183 265 (82) -31% DTT 946 460 485 105% Home 11 244 (233) -96% VOD 179 101 78 77% Grand Total 1,318 1,070 249 23% 24
Content by Geographic Revenue from categories 74% 23% [VALUE] MB 3% [VALUE] 0% 10% 20% 30% 40% 50% 60% 70% 80% MB Indian Philippines Other Backlog 379 Thailand Export 287 0 50 100 150 200 250 300 350 400 Thailand Export
Financial Highlight Total expense (THBm) Total expense 2018 1068 18% 830 Cost of Program rights 1% Cost of media 558 3% Cost of goods sold 78% 255 232 SG&A 2014 2015 2016 2017 2018 Total expense (THBm) Expenses The increase in costs resulted from increased amount of rights held 80% by the Company 59% 55% Administrative expense increased from the last year was resulting 60% from the higher expenses from organizing events, advertising and 40% public relation to promote Indian series and other series, the increase in employee cost to support the growth of the business, 14% 14% 20% and overseas traveling expenses which came from overseas traveling for content purchasing purposes. 0% Cost of program right SG&A 201 2018 26
Selling & Administrative expenses 2018 2017 YoY Change % Change Unit : Million Baht Events marketing 21 14 7 50% Advertising & PR 25 14 11 79% Other 6 4 2 50% Total selling expenses 52 32 20 63% Unit : Million Baht 2018 2017 YoY Change % Change ost Em Employee cos 87 68 19 28% ee Professio ional fee 12 13 -1 -8% surcharges Pen enalt lties for or pe penalties s & sur - 22 - 22 -100% accounts Provision for or dou doubtful ac - - - - Other Oth 39 29 10 34% ive expenses Total adm adminis istrativ 138 132 6 5%
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